P/C Insurers’ First-Half Underwriting Income Drops; Downgrades Outpace Upgrades: A.M. Best August 26, 2019 The U.S. property/casualty industry’s net underwriting income declined by 9.6% to $4.8 billion in the first half of 2019, compared...
Amazon Sued by Publishers Claiming Audible Text Service Violates Copyright August 26, 2019 Amazon.com Inc.’s Audible was sued by some of the top U.S. publishers for copyright infringement on Friday, aiming to block...
Fake Claims, Price Gouging, Bogus Contractors: How Fraudsters Steal Disaster Aid August 23, 2019 By Natalie Anderson, Jake Goodrick and Peter Nicieja As the scale and frequency of major disasters escalate, millions of dollars in federal, state and insurance payments intended for...
Motor Vehicle Accident Fatalities Decline August 23, 2019 The four-year upward trend in motor vehicle deaths that began in 2015 is ebbing, with the number of fatalities in...
U.S. Lawmakers Urge Regulators to Treat Cloud Services as Players in Financial System August 23, 2019 By Pete Schroeder Two U.S. lawmakers have called on a top financial regulatory panel to consider direct oversight of the cloud services big...
China Tops List of U.S. Cybersecurity Agency’s Top Risks August 23, 2019 By William Turton A newly created U.S. cybersecurity agency said Thursday that China represents the greatest strategic risk to the U.S., and as...
Trump Administration Appoints Aviation Safety Advisory Panel August 23, 2019 U.S. Transportation Secretary Elaine Chao on Thursday named 22 people to a new panel that will advise the department on...
For Many U.S. Communities, There’s No Easy Path to Safety From Disasters August 23, 2019 As the country enters peak season for major natural disasters, new research indicates which states and communities are the riskiest...
Wells Fargo Settles Navajo Nation Claims Over Fake Accounts for $6.5 Million August 23, 2019 By Bryan Pietsch Wells Fargo & Co. will pay the Navajo Nation $6.5 million to settle a lawsuit over “predatory and unlawful practices”...
Retreat as an Answer to Climate Change? August 22, 2019 By Don Jergler Think retreat is never an option? Think again. “Faced with global warming, rising sea levels, and the climate-related extremes they...